A “LAST DAYS” PROPHETIC EVENT IS UPON US AS ECONOMISTS REALISE THE WORLD’S DEBT IS BEYOND RECOVERY. THE WORLD HAS NEVER BEEN AS INDEBTED AS IT IS RIGHT NOW.
In the month of October, 2017 alone, the US national debt has soared by nearly a quarter of a trillion dollars.
The government of the largest, most important economy in the world is completely, woefully bankrupt. And its rate of decline is accelerating.
You’d think this would be on the front page of every major newspaper in the world. But it’s not. It’s shrugged off as par for the course, as if accumulating historic levels of debt is somehow consequence-free. And this complacency is what I find the MOST bizarre. Consider the following: the US government spends nearly the ENTIRETY of its tax revenue on Social Security, Medicare, and Interest on the Debt. Throw in national defence spending and the budget deficit is already hundreds of billions of dollars.
The only realistic way out is for the US government to eventually capitulate… and default.
This could mean selectively defaulting on holders of US debt (for example– the Chinese, Japanese, Federal Reserve, Social Security Trust Fund, etc.); one day Uncle Sam simply stops paying.
Or it could mean defaulting on promises made to citizens, like providing a strong national defense, maintaining a stable currency, or paying out Social Security benefits as advertised.
Each of these scenarios has its own particular consequences, ranging from steep inflation to a full-blown global financial crisis.
Bottom line, there is no possible rosy scenario here for the USA and Europe is in a worse debt crisis. As the global economy is interrelated, if major trading blocks like the Eurozone or countries like the US or China go into recession, it’s likely to affect economic growth around the world.
Sadly, as Jesus prophesied in the last days there would be a great falling away in the church, even the elect being deceived. This is most evident in the denominational church which is compromising with the world on issues such as gay marriage, homosexual leaders in the church, evolution and billions of years.
Make sure you are in a Bible believing church that understands we are in the “last days” and is equipping the Saints to bring in the harvest. As the world gets darker our light will shine brighter. Our joy and hope in the Lord will be evident and the power of God on display with healing and miracles following. Live eternal NOW.